Plan Outline
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SIC 1542 Building Cnstrctn - General Contractors & Operative Builders - Nonresidential construction, nec
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Commercial Contractor Business Plan
Twin Brothers Construction
Company Summary
The brothers will invest a total of $90,000 combined ($55,000 and $35,000) in the start-up of the company. Initial cash requirements will total $50,000. Start-up assets total $55,000.
2.1 Start-up Summary
The following table describes our start-up requirements. One of our biggest start-up expenses involves the creation of a website. Ongoing maintenance expenses for the website are included in our Profit and Loss expenses section.
| Start-up Funding | |
| Start-up Expenses to Fund | $35,000 |
| Start-up Assets to Fund | $55,000 |
| Total Funding Required | $90,000 |
| Assets | |
| Non-cash Assets from Start-up | $25,000 |
| Cash Requirements from Start-up | $50,000 |
| Additional Cash Raised | $0 |
| Cash Balance on Starting Date | $50,000 |
| Total Assets | $75,000 |
| Liabilities and Capital | |
| Liabilities | |
| Current Borrowing | $0 |
| Long-term Liabilities | $0 |
| Accounts Payable (Outstanding Bills) | $0 |
| Other Current Liabilities (interest-free) | $0 |
| Total Liabilities | $0 |
| Capital | |
| Planned Investment | |
| Owner 1 | $55,000 |
| Owner 2 | $35,000 |
| Other | $0 |
| Additional Investment Requirement | $0 |
| Total Planned Investment | $90,000 |
| Loss at Start-up (Start-up Expenses) | ($35,000) |
| Total Capital | $55,000 |
| Total Capital and Liabilities | $55,000 |
| Total Funding | $90,000 |
| Start-up | |
| Requirements | |
| Start-up Expenses | |
| Legal | $2,000 |
| Stationery etc. | $100 |
| Brochures | $500 |
| Consultants | $2,000 |
| Insurance | $10,000 |
| Rent (Deposit and 1st Month) | $3,000 |
| Work Equipment | $6,000 |
| Website Development | $10,000 |
| Other | $1,400 |
| Total Start-up Expenses | $35,000 |
| Start-up Assets | |
| Cash Required | $50,000 |
| Other Current Assets | $5,000 |
| Long-term Assets | $0 |
| Total Assets | $55,000 |
| Total Requirements | $90,000 |
2.2 Company Ownership
The company ownership will be shared by the Chairman and Chief Executive Officer in the following percentage amounts:
Chairman = 60%
Chief Executive Officer = 40%
Both owners are veterans in the building industry, each with over 25 years experience.
